(25 March 2020)USD/CAD The downside prevails.

(25 March 2020)USD/CAD The downside prevails.

25 March 2020, 08:28
Jiming Huang
0
229

ca
Pivot
 (invalidation): 1.4455
Our preference
Short positions below 1.4455 with targets at 1.4330 & 1.4280 in extension.
Alternative scenario
Above 1.4455 look for further upside with 1.4510 & 1.4560 as targets.
Comment
As Long as the resistance at 1.4455 is not surpassed, the risk of the break below 1.4330
remains high.

(By Swissquote TRADING CENTRAL)